Patrick C. Eilers - 16 Sep 2024 Form 4 Insider Report for Montana Technologies Corp. (AIRJ)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Chad W. MacDonald, Attorney-in-fact
Issuer symbol
AIRJ
Transactions as of
16 Sep 2024
Transactions value $
$0
Form type
4
Filing time
18 Sep 2024, 21:40:33
Previous filing
26 Jul 2024
Next filing
14 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRJ Class A Common Stock Other $0 -6.83M -100% $0.00 0 16 Sep 2024 By: XPDI Sponsor II LLC F1, F2
holding AIRJ Class A Common Stock 1.65M 16 Sep 2024 Direct
holding AIRJ Class A Common Stock 2.84M 16 Sep 2024 By: TEP XPDI Holdco II, LLC F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AIRJ Warrants Other -8.9M -100% 0 16 Sep 2024 Class A Common Stock 8.9M $11.50 By: XPDI Sponsor II LLC F1, F2
holding AIRJ Warrants 2.23M 16 Sep 2024 Class A Common Stock 2.23M $11.50 By: TEP XPDI Holdco II, LLC F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro rata distribution in-kind by XPDI Sponsor II LLC to its members for no consideration (the "Distribution").
F2 XPDI Sponsor II LLC (the "Sponsor") is controlled by its managing members, Transition Equity Partners, LLC ("TEP") and XMS XPDI Sponsor II Holdings, LLC ("XMS XPDI Holdings"). Patrick C. Eilers is the managing member of TEP, and Theodore J. Brombach and John Yogi Spence are the managing members of XMS XPDI Holdings. Accordingly, all of the shares held by the Sponsor may be deemed to be beneficially held by each of the foregoing individuals and entities. Each such person disclaims beneficial ownership of these securities, except to the extent, if any, of their pecuniary interest therein.
F3 Represents securities acquired in the Distribution.
F4 TEP is the managing member of TEP XPDI Holdco II, LLC.